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News Breaks
February 6, 2014
07:54 EDTPLXProtalix's agreement for UPLYSO with Brazil's Ministry of Health approved
Protalix BioTherapeutics announced that the Brazilian National Institute of Industrial Property has approved the company's previously-announced supply and technology transfer agreement with Fundação Oswaldo Cruz, an arm of the Brazilian Ministry of Health for UPLYSO (alfataliglicerase). The company has already completed the first shipment of the drug to Brazil under the agreement.
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September 1, 2014
13:48 EDTPLXProtalix to host conference call
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August 28, 2014
13:17 EDTPLXPfizer, Protalix announce FDA approves ELELYSO pediatric indication
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10:40 EDTPLXProtalix holder Bio-Cell in agreement to seek purchasers for 4.4M shares
Bio-Cell, a 10.7% stake holder in Protalix, announced that on August 13, Bio-Cell entered into an agreement with Barak Capital pursuant to which Barak will seek potential purchasers for 4,400,000 shares of Protalix Common Stock, following which Bio-Cell entered into agreements with a number of Israeli purchasers for the sale and purchase of said shares for a consideration of approximately $2.47 per share .Bio-Cell intends to use the consideration received by it pursuant the Transaction, to pay its expected tax liability to the Israeli Tax Authority in connection with Bio-Cell’s proposed distribution of shares of Issuer's Common Stock, as a dividend to its shareholders on a pro rata basis.. Such expected tax liability was set forth in a pre-ruling delivered to Bio-Cell by the ITA. Bio-Cell expects that following the Dividend payment, it will no longer own any shares of Issuer's Common Stock. However, as of the date hereof, there is no certainty that the Dividend will be paid.

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